Rare among Hillsborough neighborhoods in 2020, Hillsborough Oaks actually had a 50% reduction in overall sales last year, falling from 12 to 6 after peaking at 16 in 2018. Conversely, the value of homes sold in Hillsborough Oaks, located at the northern end of town adjacent to Burlingame’s Easton Addition, soared to $5.81 million, a 43% increase from 2019’s average. Average price per square foot actually dropped slightly, from $1,305 to $1,274, which might suggest an outlier sale or two. However, this was not the case in Hillsborough Oaks, which until recently had been Lower Hillsborough’s most affordable neighborhood. Each of the neighborhood’s six sales closed escrow for more than $5 million in 2020 and ranged in price from $5.2 million to $6.8 million.
Also unique is Hillsborough Oaksbridge’s location, within walking distance of Burlingame’s Broadway downtown neighborhood. Easy access to shopping and dining, El Camino Real and the 101 freeway makes this a neighborhood for pragmatists, something singer/actor Bing Crosby must have considered when he purchased a home on Jackling Drive in the 1960s. Crosby lived in the home until his passing. His widow Kathryn Crosby, continues to live there today. The home was one of five homes featured on the 2010 Hillsborough Centennial Historic Homes Tour.
To view a detailed google map of the Hillsborough Oaksbridge neighborhood, click here.
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||2|
|3 Bedroom Homes||13|
|4 Bedroom Homes||13|
|5+ Bedroom Homes||12|
|Number of Sales||9|
|Percent List Price Received||100.1%|
|Median Sales Price||$6,000,000|
|Average Sale Price||$6,653,000|
|Lowest Sale Price||$5,225,000|
|Highest Sale Price||$11,500,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.